Bulletin Board
Bulletin Board
Coronavirus Update for Wednesday, January 6
The following is the latest COVID-19 information from the federal government as of 3:30 p.m. on Wednesday, January 6. Provider Relief Fund The Office of Management and Budget has issued guidance on how funds received through the Provider Relief Fund should be audited. Entities that receive government grants of more than $750,000 are subject to a single audit requirement. Because of the Provider Relief Fund, many hospitals that have never been subject to this audit requirement now must comply with it. The deadline originally was October 1 but was postponed and [...]
Congress Approves New GME Slots
The year-end federal COVID-19 relief bill brought changes to Medicare’s graduate medical education program. Among those changes: 200 new GME slots over the next five years additional federal funding for residency training – the first new funding for the program in nearly a quarter of a century new opportunities for some hospitals to establish new (and higher) resident caps new flexibilities for rural hospitals to participate in physician training programs Learn more in the National Law Review article “COVID-19: Reimbursement Corner: Graduate Medical Education Gets Major Boost From Congressional Appropriations [...]
Coronvirus Update for January 4, 2021
The following is the latest COVID-19 information from the federal government as of 2:30 p.m. on Monday, January 4. Provider Relief Fund HHS has updated its CARES Act Provider Relief Fund FAQ with six changes, all dated 12/28/2020. They can be found on pages 6 (accounting for Provider Relief Fund distributions), 16 (use of Provider Relief Fund grant money), 40 (HHS’s methodology for calculating Phase 3 distributions), 41 (two changes: one about how much providers should expect to receive from the Phase 3 distribution and the other about when providers [...]
Coronavirus Update for Wednesday, December 23
The following is the latest COVID-19 information from the federal government as 2:30 p.m. on Wednesday, December 23. Provider Relief Fund The Office of Management and Budget has issued guidance on how funds received through the Provider Relief Fund should be audited. The guidance also extends audit filing deadlines for three months for recipients whose original audit due dates are between October 1, 2020 and June 20, 2021. HHS has updated its Provider Relief Fund FAQ with three new questions on pages 5 and 6 addressing the Form 1099. All [...]
Coronavirus Update for Friday, December 18
The following is the latest COVID-19 information from the federal government as 3:30 p.m. on Friday, December 18. Centers for Medicare & Medicaid Services CMS has issued an Interim Final Rule with Comment Period that establishes a New COVID-19 Treatments Add-on Payment (NCTAP) under the Medicare inpatient prospective payment system effective from November 2, 2020 until the end of the public health emergency for COVID-19. To mitigate potential financial disincentives for hospitals to provide new COVID-19 treatments during the COVID-19 emergency, Medicare will provide an enhanced payment for eligible inpatient [...]